Adam D. Bonanno - 16 Feb 2024 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Role
EVP, Operations & Technology
Signature
/s/ Adam Bonanno
Issuer symbol
ORRF
Transactions as of
16 Feb 2024
Net transactions value
-$8,710
Form type
4
Filing time
20 Feb 2024, 16:32:59 UTC
Previous filing
14 Feb 2023
Next filing
03 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability $8,710 -315 -5.3% $27.65 5,633 16 Feb 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Award $0 +3,776 +67% $0.000000 9,409 16 Feb 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +3,776 +154% $0.000000 6,224 16 Feb 2024 Direct F2
holding ORRF Orrstown Financial Services, Inc, Common Stock 501 16 Feb 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Time-vested restricted stock with various vesting dates over the next three years
F2 Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria.